According to statistics released by the State Bank of Pakistan (SBP) show that the value of goods exported to China stand at USD 559.153 million during the July-September period, which is an increase of 69.73%, from last year. Moreover, the statistics show that the United States, China, and the United Kingdom have remained the top export destinations for Pakistani products during this period.
The United States of America (USA) remained the top export destinations of the Pakistani products during the first three months of ongoing financial year (2021-22), followed by China and United Kingdom (UK).
Total exports to the USA during July-September (2021-22) were recorded at US $1565.343 million against the exports of US $1047.764 million during July-September (2020-21), showing growth of 49.40 percent, according to State Bank of Pakistan (SBP).
This was followed by China, wherein Pakistan exported goods worth US $559.153 million against the exports of US $329.421 million last year, showing increase of 69.73 percent.
UK was the at third top export destination, where Pakistan exported products worth US $ 549.667 million during the months under review against the exports of US $ 427.540 million during last year, showing growth of 28.56 percent, SBP data revealed.
Among other countries, Pakistani exports to UAE stood at US $407.122 million against US $322.459 million during last year, showing increase of 26.25 percent while the exports to Germany were recorded at US $406.261 million against US $367.529 million last year, the data revealed.
During July-September (2021-22), the exports to Holland were recorded at US $328.654 million against US $229.277 million whereas the exports to Italy stood at US $252.776 million against US $167.868 million.
Pakistan’s exports to Spain were recorded at $225.079 million against the exports of US $147.446 million while the exports to Afghanistan were recorded at US $127.647 million against US $ 209.868 million last year.
The exports to Bangladesh stood at US $175.389 million against US $127.487 million.
Similarly, the exports to France during the months under review were recorded at US $119.045 million against US $91.146 million while the exports to Belgium stood at US $167.374 million against US $13.701 million.
Pakistan’s exports to Saudi Arabia were recorded at US $93.22 million during the current year compared to US $106.958 million last year whereas the exports to Canada stood at US $91.511 million against US $68.198 million, to Malaysia US $ 83.348 million against US $43.922 million.
Overall Pakistan’s exports to all other countries witnessed an increase of 35.24percent during the months under review, from US $ 5.353 billion to US $ 7.241billion, the SBP data revealed
